Core Insights - The EU feed price volatility is expected to sharply increase by the end of 2024 but stabilize throughout 2025, leading to improved profitability in the poultry sector [1] - Strong demand and ongoing disease pressures are tightening supply, resulting in a significant rise in poultry prices in 2025 [1] - The EU remains the world's third-largest poultry exporter, with increased export revenues driven by higher prices, particularly to regions in Africa, the Middle East, and Switzerland [1] - Poultry imports into the EU are projected to rise significantly in 2025, mainly due to increased imports from Brazil, Thailand, and China, despite a decline in imports from Ukraine [1] - The overall outlook for the EU poultry market remains optimistic, supported by strong consumer demand, although structural risks persist, including market volatility related to highly pathogenic avian influenza (HPAI) and ongoing trade uncertainties [1] Group 1 - Ireland's poultry slaughter volume is expected to grow by 8% in 2025, reaching 12.2 million birds [2] - Primary poultry export revenue from Ireland is projected to increase by 18% year-on-year, reaching €163 million, with the UK remaining the main trading partner, accounting for over 60% of total exports [2] - The value-added poultry export revenue is expected to grow by 17%, reaching €230 million, with the UK continuing to be the primary market [2]

Core Insights - The agricultural sector in China is experiencing growth in industrial feed production, with a total output of 30.36 million tons in September 2025, reflecting a month-on-month increase of 3.4% and a year-on-year increase of 5.0% [1] - Key feed products such as compound feed, concentrated feed, and additive premix feed have shown varying growth rates, with compound feed increasing by 5.1% year-on-year [1] Production Data - In the third quarter of 2025, the total industrial feed production reached 24.653 million tons, marking a year-on-year growth of 6.6% [1] - The production of compound feed, concentrated feed, and additive premix feed in the same period was 23.029 million tons, 0.954 million tons, and 0.536 million tons, respectively, with year-on-year growth rates of 6.8%, 0.2%, and 7.5% [1] Price Trends - The prices of major feed products have shown a downward trend year-on-year, with specific price changes for various types of concentrated feed and premix feed in September 2025 [3] - The average price per kilogram for different types of feed products from January to September 2025 indicates a cumulative year-on-year decrease, with concentrated feed prices showing a decline of 3.7% [3] Ingredient Usage - In the compound feed produced, corn accounted for 33.6% of the total usage, which is a decrease of 2.4 percentage points year-on-year [1] - Soybean meal accounted for 14.3% of the total usage in both compound and concentrated feeds [1]